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6403 Joe Cotton Trl PROPERTY INFO
FACTS
- Built In 1983
- Price/Sqft : $147.65
CONSTRUCTION
- Beds : 3
- Floor Size : 1,558 sqft
- Baths : 2 Full
6403 Joe Cotton Trl SCHOOLS
Financial Details
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Killearn Acres
Neighborhood : Killearn Acres
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 33% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,546 per month.
MY RENT : $1,546 MEDIAN RENT : $1,441
Household Rent Affordability
According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,546 would therefore be considered affordable for annual household incomes greater than $61,840 (12 months x 3.333 x $1,546).
HOUSEHOLD INCOME RANGE
Approximately 743 of households in this neighborhood have a total annual income of $61,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,546 per month.
MINIMUM INCOME RANGE : $61,840
COMMUTE TIME DISTRIBUTION
76% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 2% has a commute time of 45 minutes or longer.
Killearn Acres Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Educational Services | 13.1% |
| Financial Industries | 6.0% |
| Health Care & Social Assistance | 10.5% |
| Professional & Scientific Tech Services | 10.4% |
| Public Administration | 20.5% |
| Retail & Wholesale Trader | 10.5% |
| Other | 29.0% |
AGE DISTRIBUTION
57% of the population is between the ages of 25 and 64, 30% is 24 or younger and 13% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 19.5% |
| 15-19 | 6.7% |
| 20-24 | 3.5% |
| 25-44 | 23.5% |
| 45-65 | 33.5% |
| 66+ | 13.4% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 16.9% |
| Construction | 4.8% |
| Healthcare | 6.4% |
| Management, Business, & Financial | 28.5% |
| Production & Transportation | 4.6% |
| Sales & Office | 20.9% |
| Other | 17.9% |
HIGHEST EDUCATION LEVEL
32% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 12.4% |
| High School | 12.6% |
| Masters Degree | 12.3% |
| Professional | 4.1% |
| Some College | 23.1% |
| Other | 35.5% |
6403 Joe Cotton Trl Comps
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6403 Joe Cotton Trl, Tallahassee, FL 32309 is a single family home of 1,558 sqft. HomeUnion INVESTimateĀ® for 6403 Joe Cotton Trl includes a Price Estimate of $230,032 and a Rent Estimate of $1,546. This single family home has 3 bedrooms,2 bathrooms, and was built in 1983. This property has an estimated 15 year annualized Yield of 8.06% and Total Return of 18.35%. The estimated 1 year forecast in home value for 6403 Joe Cotton Trl is 4%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , LEON County , or the 32309 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
